Consider the relationship between the number of bids an item on eBay received and the item's selling price. The following is a sample of 5 items sold through an auction. Price in Dollars 20 26 32 35 38 Number of Bids 12 13 14 15 16 Determine if r is statistically significant at the 0.01 level. Yes or No?

Consider the relationship between the number of bids an item on eBay received and the item's selling price. The following is a sample of 5 items sold through an auction. Price in Dollars 20 26 32 35 38 Number of Bids 12 13 14 15 16 Determine if r is statistically significant at the 0.01 level. Yes or No?

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

Consider the relationship between the number of bids an item on eBay received and the item's selling price. The following is a sample of 5 items sold through an auction.

Price in Dollars	20	26	32	35	38
Number of Bids	12	13	14	15	16

Determine if r is statistically significant at the 0.01 level.

Yes or No?

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